Outlook for 2013Certain deliveries for MacGregor will be delayed and customers are postponing services. MacGregor's 2013 operating profit margin is expected to be slightly below 10 percent, as 2013 sales are falling short of the previously expected approximately EUR 850 million and now are expected to total closer to EUR 800 million.

Cargotec's sales are expected to be slightly below 2012 and operating profit excluding restructuring costs to be at or slightly below 2012 level.

This outlook is excluding the Hatlapa acquisition announced in July.

Cargotec's key figures

MEUR

Q2/13

Q2/12

Change

Q1-Q2/13

Q1-Q2/12

Change

2012

Orders received

833

892

-7%

1,624

1,629

0%

3,058

Order book, end of period

2,147

2,413

-11%

2,147

2,413

-11%

2,021

Sales

836

850

-2%

1,515

1,643

-8%

3,327

Operating profit*

37.5

41.1

-9%

52.5

78.7

-33%

157.5

Operating profit, %*

4.5

4.8

3.5

4.8

4.7

Operating profit

32.9

41.1

-20%

46.1

78.7

-41%

131.4

Operating profit, %

3.9

4.8

3.0

4.8

3.9

Income before taxes

29.6

39.0

40.4

73.6

122.5

Cash flow from operations

-12.4

-25.6

8.8

-27.8

97.1

Net income for the period

21.9

29.3

28.4

55.5

89.5

Earnings per share, EUR

0.36

0.48

0.46

0.90

1.45

Net debt, end of period

567

497

567

497

478

Gearing, %

48.9

42.1

48.9

42.1

39.2

Personnel, end of period

10,302

10,608

10,302

10,608

10,294

* excluding restructuring costs

Cargotec's President and CEO Mika Vehviläinen:Both market activity and our orders continued to develop as estimated during the second quarter, even though we fell seven percent short from the comparison period, as the second quarter lacked new large Kalmar projects. Orders for cargo handling equipment for offshore support vessels accounted for almost half of MacGregor's orders, and orders for the business area as a whole rose by 67 percent on the comparison period. Hiab's orders reached the level of the comparison period.

Volumes in the marine cargo handling market are lower than last year, which is reducing our sales. Favourable trends were seen in both Kalmar and Hiab's delivery volumes and profitability during the second quarter. We are continuing our efforts to improve our profitability.

In July, we took an important strategic step in MacGregor's development by signing an agreement to acquire Hatlapa. Hatlapa supports MacGregor's growth strategy and will help MacGregor to become a global leader in winches for various ship types.

Press conference for analysts and mediaA press conference for analysts and media, combined with a live international telephone conference, will be arranged on the publishing day at 2:00 p.m. EEST at Cargotec's head office, Porkkalankatu 5, Helsinki. The event will be held in English. The report will be presented by President and CEO Mika Vehviläinen and Executive Vice President, CFO Eeva Sipilä. The presentation material will be available at www.cargotec.com by 2:00 p.m. EEST.

The telephone conference, during which questions may be presented, can be accessed using the following numbers ten minutes before the beginning of the event: US callers +1 334 323 6201, non-US callers +44 20 7162 0025, access code Cargotec/933708.

The event can also be viewed as a live webcast at www.cargotec.com. An on-demand version of the conference will be published at Cargotec's website later during the day.

A replay of the conference call will be available until midnight 20 July 2013 in the following numbers: US callers +1 954 334 0342, non-US callers +44 20 7031 4064, access code 933708.

Cargotec improves the efficiency of cargo flows on land and at sea - wherever cargo is on the move. Cargotec's brands MacGregor, Kalmar and Hiab are recognised leaders in cargo and load handling solutions around the world. Cargotec's global network is positioned close to customers and offers extensive services that ensure the continuous, reliable and sustainable performance of equipment. Cargotec's sales totalled EUR 3.3 billion in 2012 and it employs approximately 10,000 people. Cargotec's class B shares are quoted on NASDAQ OMX Helsinki under symbol CGCBV. www.cargotec.com